Author: Euronews

European energy stocks soar as the Israel-Iran conflict drives Brent crude up 20% in June. The EURO STOXX 600 Energy index has gained 8% over the same period, on track for its best month since October 2022.

The “No Space for Bezos” campaign plans to occupy the city’s streets and canals to send the message that the Amazon founder is not welcome in the city, which is already saddled with massive overtourism.

By&nbspEleanor Butler&nbsp&&nbspAP Published on 18/06/2025 – 8:06 GMT+2•Updated 10:05ADVERTISEMENTEuropean shares showed a slight rise in early trading and oil prices remained high on Wednesday as investors tracked the escalation of the conflict in the Middle East.US benchmark crude oil was down around 0.43% at $74.52 per barrel, while Brent, the international standard, slipped around 0.52% to $76.05, although both WTI and Brent remain high on the month.Crude prices rose more than 4% on Tuesday after US President Donald Trump left a Group of Seven summit in Canada early and warned that people in Iran’s capital should evacuate immediately.Within about eight…

Authorities seized several explosives, firearms — some built with 3D printers — and rounds of ammunition and knives in the operation, police said in a statement.

The two leaders agreed on the details of how to implement the trading terms disclosed last month, including lowering tariffs on key British exports and opening the door of the UK to US imports.

By&nbspOman Al Yahyai&nbspwith&nbspAP Published on 16/06/2025 – 16:57 GMT+2ADVERTISEMENTIndia will strengthen its defence partnership with Cyprus through expanded collaboration between their defence sectors, Prime Minister Narendra Modi announced on Monday during a state visit to the island nation — the first by an Indian premier in over two decades.Modi, following talks with the president of the Republic of Cyprus, Nikos Christodoulides, stated that bilateral cooperation in maritime security and cybersecurity would be intensified, although he did not elaborate on specifics. The two nations also agreed to establish an information-sharing framework aimed at countering terrorism.In a joint statement, both leaders pledged to…

ADVERTISEMENTIn most European countries, the average income of people over 65 is lower than that of the total population, according to the OECD. In several cases, elderly incomes fall below 80% of the national average, contributing to significantly high poverty rates among pensioners.So, how do these levels of financial precarity vary across Europe? In which countries do pensioners face the highest levels of poverty? And how does elderly income compare to the national average?Income poverty rates measure the proportion of people at the lower end of the income distribution scale. Specifically, the poverty rate refers to the share of the…

Sarkozy is only the second former French leader to have the Legion of Honour medal taken away – the first was infamous Nazi collaborator Philippe Pétain.

ADVERTISEMENTWorkers in Europe have been gradually putting in fewer hours. Over the past 10 years, the average time spent working per week has declined by one hour in the EU. In nearly half of 34 European countries, the drop was even greater — more than one hour between 2014 and 2024. Weekly working hours also vary significantly across the continent.So, in which European countries do people spend the most time at the grindstone? How has actual working time changed across the region? And what could be the possible reasons behind this decline?According to Eurostat, in 2024, the actual weekly working…

ADVERTISEMENTRevolutionary Guard commander Sardar Esmail Kowsari told local media in an interview closing the Strait of Hormuz “is under consideration, and Iran will make the best decision with determination.””Our hands are wide open when it comes to punishing the enemy, and the military response was only part of our overall response,” added Kowsari, who is a member of parliament in addition to his military position.Iran’s short- and medium-range missiles would be capable of targeting oil infrastructure platforms, pipelines in the Strait, or even attacking commercial vessels, and surface-to-surface missiles could target tankers or ports along the Gulf. Airstrikes using aircraft…